All Business articles – Page 2

  • Improving reliability of the New York Subway is a core aim of the restructuring. Other objectives include reducing major project costs and delivering on investment programmes including rolling stock renewal.
    Urban news

    ‘Historic’ restructuring of New York MTA approved

    2019-07-26T14:42:47Z

    USA: A landmark restructuring of the New York Metropolitan Transportation Authority was approved at a board meeting on July 24. The ‘historic reorganisation’ is the first such effort since MTA was established in 1968. Developed internally with input from consultancy firm Alix Partners, the plans focus on centralising ...

  • Masabi’s Justride SDK mobile ticketing purchasing platform has been integrated with the Jorudan journey planning and travel booking system.
    Urban news

    Jorudan integrates Masabi mobile ticketing

    2019-07-03T13:20:13Z

    JAPAN: Masabi’s Justride SDK mobile ticketing purchasing platform has been integrated with the Jorudan journey planning and travel booking system, which has more than 10 million users throughout Japan. The initial deployment covers Syoei Express Bus Co services, with passengers able to buy tickets directly from Jorudan’s Norikae Annai app ...

  • Bergen public transport authority Skyss has awarded two contracts for the operation of the city’s bus services with electric and biogas vehicles.
    Urban news

    Bergen aims to be the electric bus capital of the Nordic region

    2019-07-03T07:00:00Z

    NORWAY: Bergen public transport authority Skyss has awarded two contracts for the operation of the city’s bus services with electric and biogas vehicles. Keolis has operated the city’s tramway since 2020, and has now won its first bus contract in Norway. The NKr280m/year Bergen Central contract ...

  • Bombardier Transportation is to operate and maintain the SFO AirTrain automated peoplemover at San Francisco International Airport.
    Urban news

    SFO AirTrain operating contract awarded

    2019-07-02T12:26:00Z

    USA: The City & County of San Francisco has awarded Bombardier Transportation a new contract to operate and maintain the SFO AirTrain automated peoplemover at San Francisco International Airport. The contract is worth $220m over 10 years, and has an option for an additional five years. Bombardier supplied the SFO ...

  • Photos: Vladimir Waldin
    Urban news

    Transmashholding reveals new metro car design

    2019-06-26T09:06:04Z

    RUSSIA: Transmashholding presented a mock-up of its latest metro car design at the SmartTransport trade show that took place in St Petersburg on June 19-21. The ‘Metro 2020’ bodyshell features ‘innovative and super-technological’ aerodynamic characteristics as well as wider doors and an improved cab configuration. TMH subsidiary OEVRZ ...

  • Bombardier Transportation announced on June 14 that it is opening an assembly plant in Pittsburg, California.
    Urban news

    Bombardier to open assembly plant in California

    2019-06-17T14:00:00Z

    USA: Bombardier Transportation announced on June 14 that it is opening an assembly plant in Pittsburg, California. The first vehicles to be assembled at the new factory will be the Fleet of the Future metro cars that Bombardier is supplying for the BART network serving San Francisco. Intended to ...

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    Urban news

    Engineering and maintenance MoU signed in Singapore

    2019-06-17T09:03:29Z

    SINGAPORE: Metro operators SBS Transit and SMRT Trains signed a memorandum of understanding with ST Engineering on June 17 to share maintenance and engineering knowledge. The three-year agreement allows the parties to explore various areas for collaboration that would add depth and breadth to their maintenance and engineering expertise. ...

  • Hyundai Rotem expects to assemble at least 40% of the trams at a new factory in Poland.
    Urban news

    Hyundai Rotem plans Polish factory as it signs Warszawa tram contract

    2019-06-13T09:27:43Z

    POLAND: Hyundai Rotem has signed a contract to supply up to 213 trams to Warszawa. Operator Tramwaje Warszawskie says that the order, announced on June 12, is the largest tram contract ever signed in Poland. The base order includes 123 fully low-floor trams to be delivered by the end ...

  • Hyundai Rotem has previously supplied trams to cities in Turkey including Antalya.
    Urban news

    Hyundai Rotem to develop hydrogen fuel cell tram

    2019-06-11T13:12:38Z

    SOUTH KOREA: Hyundai Rotem has signed a memorandum of understanding with Hyundai Motor’s Mabuchi Research Institute for the development of a hydrogen fuel cell tram. The agreement announced on June 10 would see Hyundai Motor, which already has hydrogen fuel cell cars and buses in its portfolio, supply fuel ...

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    Urban news

    Mobility Innovation Partnership launched

    2019-06-10T15:14:06Z

    GERMANY: The UITP Global Public Transport Summit 2019 saw the official launch of the Mobility Innovation Partnership between UITP and TechnologyRegion Karlsruhe that was concluded in April. This includes UITP’s establishment of a training centre in Karlsruhe, which will reveal its initial programmes at the summit. Firms in the ...

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    Urban news

    Alstom focuses on ‘green, fluid, safe and inclusive’ mobility at UITP 2019

    2019-06-07T13:26:09Z

    ALSTOM: Alstom will use the UITP Global Public Transport Summit 2019 to show how public transport can offer passengers a ‘fluid, secure and enjoyable travel experience’ while remaining environmentally friendly, sustainable and accessible. Visitors to the company’s stand will be able to learn about the latest developments in the ...

  • Photo: Shutterstock
    Urban news

    RATP and Airbus to explore urban air mobility around Paris

    2019-05-29T09:04:21Z

    FRANCE: Paris public transport operator RATP Group has signed a partnership with Airbus to explore the feasibility of developing ‘urban air mobility services’ in the Île-de-France region. ‘Beyond mass transport, which remains our core business, it is important for RATP Group to develop its human and technical know-how in ...

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    Urban news

    Mobility planning software for smarter cities

    2019-05-27T05:00:00Z

    UK: ‘Mobility is changing fast but transport decision-making is slow and expensive, based on poor data’, believes Robin North, co-founder and CEO of planning software company Immense Simulations. The company has just raised US$4·6m to support the development of its ‘simulation as a service’ transport modelling platform in a Series ...

  • A new design of narrow-gauge tram bogie was launched by PK TS at the Elektrotrans-2019 trade fair in Moscow.
    Urban news

    Narrow gauge tram bogie unveiled

    2019-05-21T13:44:38Z

    RUSSIA: A new design of narrow gauge tram bogie was launched by PK TS at the Elektrotrans-2019 trade fair in Moscow on May 14-16. The bogie is intended for use with fully low-floor single-car or articulated light rail vehicles. It is designed for trams with narrow bodies 2 300 to ...

  • Urban news

    Stadler inaugurates Salt Lake City factory

    2019-05-14T14:29:00Z

    USA: Vehicles being built for Caltrain and TEXRail were used to re-enact the completion of the transcontinental railway at Promontory Summit 150 years before as part of celebrations marking the official inauguration of Stadler US Inc’s factory in Salt Lake City on May 9. ‘It seems fitting that as we ...

  • FS owns a stake in Milano metro Line 5 concessionaire Metro 5 SpA.
    Urban news

    Urban mobility a feature of FS Group’s investment plan

    2019-05-14T12:57:24Z

    ITALY: State railway holding FS Group Chief Executive Gianfranco Battisti unveiled an ‘unprecedented’ spending programme on May 10, with €58bn to be invested across various modes in 2019-23. A total of €28bn is to be spent on rail infrastructure and €14bn on the strategic road network through FS Group’s ...

  • Scomi has supplied monorail vehicles to cities including Kuala Lumpur.
    Urban news

    Scomi Rail ordered to wind up

    2019-05-10T09:01:18Z

    MALAYSIA: The High Court ordered the winding-up of monorail manufacturer Scomi Rail on May 6. The order follows Scomi Rail defaulting on debts to Maybank and Voyage Logistics International (Malaysia). The property of the Scomi Engineering subsidiary, which had a net book value of just under 507m ringgit on ...

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    Urban news

    Railway supply industry news round-up

    2019-05-03T05:00:00Z

    PKP Cargo has signed a letter of intent with Poland’s Industrial Development Agency for co-operation in setting up a wagon factory near Rzeszów. Greenbrier subsidiary Wagony Ś widnica is expected to sign a letter of intent soon, allowing a fuller agreement to be signed by the end of the ...

  • CRRC and Tianjin Trust Co have launched a financial leasing subsidiary with the aim of expanding the rolling stock manufacturing group’s export activities.
    Urban news

    CRRC launches rolling stock finance business

    2019-04-29T15:17:00Z

    CHINA: CRRC and Tianjin Trust Co have launched a financial leasing subsidiary with the aim of expanding the rolling stock manufacturing group’s export activities and supporting the government’s Belt & Road Initiative. Target market sectors include urban rail vehicles, as well as high speed trainsets, high-power locomotives and wagons. CRRC ...

  • Siemens Mobility has submitted an outline planning application for a £200m rolling stock plant at Goole in East Yorkshire which would manufacture and commission vehicles for the UK market.
    Urban news

    Siemens Mobility submits plans for Goole rolling stock plant

    2019-04-24T05:00:00Z

    UK: Siemens Mobility has submitted an outline planning application for a £200m rolling stock plant at Goole in East Yorkshire which would manufacture and commission vehicles for the UK market. This follows the signing last of November of a £1·5bn contract to supply 94 Inspiro London trainsets for London Underground’s ...